July 18, 2016
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CBRE Group, Inc. completed the sale of an 8,872-square foot, two-story, historic office building in Old Towne Orange Plaza Square in Orange, CA for a record $4.45 million. The asset is known as the “Swift & Swift Building” for the full-service tax and accounting firm that’s occupied the property since purchasing it in 1962.
The more than 100-year-old building was originally a bank when downtown Orange was the central financial district of Orange County and still contains two original walk-in vaults.
CBRE’s Peter Wells, Taylor Friend and Justin Hill represented the seller, Swift & Swift, which will be relocating to a new building it purchased at 1006 E. Chapman, a transaction that was also handled by CBRE. The buyer was an undisclosed private individual.
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